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. Last Updated: 07/27/2016

06/15/2011

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State Coaxes Investors With Numbers

Transparency and investor interest will increase for domestic companies reporting consolidated earnings after they are required to implement international accounting standards next year, Finance Minister Alexei Kudrin said Tuesday.

Medvedev Appointees Encircle Nurgaliyev in Police Shakeup

President Dmitry Medvedev on Tuesday replaced the chief of the traffic police and the head of the Russian branch of Interpol, ramping up a police reform that started in March by dismissing the most high-profile officials yet.

13 Armenians Live Like Prisoners in Moscow Hotel

Valida Avanesyan has been a prisoner in the Hotel Yuzhny on Moscow's Leninsky Prospekt for over six months. She stays in a friend's room. When she gets hungry, she asks friends to bring her some food. Her only connection with the outside world is the balcony.

Sberbank Online Tax System Goes Live

An online tax payment service, a Russian first, went live Tuesday giving millions of taxpayers the option of avoiding lengthy lines — but only if they have an account with the country's biggest lender, state-owned Sberbank.

Afghanistan Looms Over SCO Forum

President Dmitry Medvedev joined other heads of state in the Kazakh capital on Tuesday evening for the opening of a two-day summit of the Shanghai Cooperation Organization that is expected to be dominated by Afghanistan.

PhosAgro to Start IPO Roadshow on June 29

PhosAgro, the world's second-largest maker of phosphate fertilizers, confirmed that it will hold an initial public offering in London and Moscow, the company's general director announced at a news conference Tuesday.

Governor Faces Inquiry for Delaying Jet

Prosecutors have opened a check into whether Irkutsk Governor Dmitry Mezentsev broke the law by ordering an Aeroflot plane filled with passengers to wait for him for more than an hour.

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